Friday, June 27, 2014

China headed for a Bumpy Landing

China headed for a bumpy landing. While he doesn't believe China is at risk of a crash, Roubini says growth in the world's second largest economy will probably "surprise to the downside."

He expects Chinese GDP to grow 7% this year then fall to 6.5% next year. It could slow further if policy makers fail to implement structural reforms aimed at making China's economic model sustainable, he added.  in CNN Money read more :

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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